As good as gold? That's what John Paulson said.A merger between Time-warner and CBS?

As good as gold? That's what John Paulson said and he's the guy who clean up from housing bubble.He predicted the housing crash before 2008 shorted many mortgages and make small fortune.Indeed,while gold is falling as a rock,many hedge fund,big time players are buying gold.Is buying gold a fools error or way to male small pile? I don't know,but heard an currency analyst Sterling Smith(what great name for money guy Sterling) on Bloomberg T.V say if gold fall below 1400 it might go down to 1310 but if stays above 1400 it's going up.And of course,always the talk about gold as hedge against inflation but inflation seems to be a bugaku  dance.
A merger between Time-Warner and CBS? Well,Time-Warner does need a network,like Disney has ABC,News Corp Fox,Comcast NBC.Already Time-Warner has joint venture with CBS CW network.However the stock for CBS is high and last big merger for Time-Warner was a merger between Warner Communication and Time wasn't exactly a marriage made in heaven didn't work out as planned.
Putin on the Ritz,said only Germany in EU has no problems.Curious isn't there election coming up in Germany? Is Merkel Putin's secret girlfriend? Putin on the Ritz also says,while things are still,even after Cyprus, ritzy for him not so much for the rest of Russia.
Two interesting stocks,not recommending them to buy but they do seem cheap:One is the Norwegian State controlled Oil Company Statoil,at 23 cheap over 4.5 dividend yield and the dividend is very safe,indeed,likely to go up.The other is U.S Steal and just might be a steal at 16,it once and that wasn't all that long ago was over 100,bad times have hurt the stock but think it's good company and yes it might go lower but then again the up side is so promising.